French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
The short-listed talents demonstrate "renewed interest in tailoring, handcrafted embellishments and bold occasion dressing," ...
LVMH Chairman Bernard Arnault said sales at Tiffany & Co. increased in the most recent quarter and the jeweler has become more profitable since it was bought by the luxury French conglomerate.
I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings call.
LVMH earned $88.27 billion in revenue in 2024, a slightly better-than-expected figure that could be signaling a turnaround in the luxury market.
DFS Group, which saw business activity remain below its 2019 pre-Covid level, was hard hit in particular by exchange rate fluctuations, said LVMH. UPDATED.
LVMH's action is viewed as effectively banning 'Daigong' sales in Louis Vuitton stores within Korean department stores, as ...
Rumors had been rumbling throughout the summer of 2024. Could Rolex really be relinquishing its grip on Formula 1? If so, ...
Chairman and CEO of the LVMH Watches and Jewelry Division Stéphane Bianchi emphasizes the importance of the U.S. market for the division. He notes New York City’s dynamic appeal as an ...
LVMH Moët Hennessy Louis Vuitton has disclosed a net profit contraction of 17%, amounting to €12.55bn ($13.09bn), for the fiscal year 2024 (FY24). This represents a downturn from the €15.17bn ...
“In 2024, amid an uncertain environment, LVMH showed strong resilience,” LVMH chairman and CEO Bernard Arnault, said in a statement. “This capacity to weather the storm in highly turbulent ...